RBC Capital Markets analysts note that the US headline inflation edged down to 1.5% y/y in February to its slowest pace in more than 2y. Key Quotes “Energy prices rose after 3m of declines, & should exert less downward pressure on headline inflation going forward. We think Feb’s reading will be the low point for inflation in 2019.” “Ex food and energy CPI also dipped to 2.1% from 2.2%. Core inflation has been slightly above 2% for a year now but is showing no evidence of accelerating, which should reinforce Fed’s current pause.” “The combination of softer inflation readings and strengthening wage growth is boosting real incomes. Headline inflation is likely to remain below 2% for much of the year, which will keep that positive story for consumers in play.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK Attorney General Cox won’t change his legal opinion on Brexit assurances FX Street 4 years RBC Capital Markets analysts note that the US headline inflation edged down to 1.5% y/y in February to its slowest pace in more than 2y. Key Quotes "Energy prices rose after 3m of declines, & should exert less downward pressure on headline inflation going forward. We think Feb's reading will be the low point for inflation in 2019." "Ex food and energy CPI also dipped to 2.1% from 2.2%. Core inflation has been slightly above 2% for a year now but is showing no evidence of accelerating, which should reinforce Fed's current pause." "The combination of softer inflation readings and… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
